Value of Exports to British Indian Ocean Territory from Massachusetts
MAIOTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
170,591.00
Year-over-Year Change
0.00%
Date Range
1/1/2016 - 1/1/2016
Summary
This trend measures the value of exports from the U.S. state of Massachusetts to the British Indian Ocean Territory. It provides insights into trade flows between Massachusetts and this remote overseas territory.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Value of Exports to British Indian Ocean Territory from Massachusetts tracks the monetary value of goods and services exported from Massachusetts to the British Indian Ocean Territory, a small archipelago in the Indian Ocean. This data helps economists and policymakers understand the trade relationship between Massachusetts and this far-flung U.S. territory.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters.
Historical Context
This metric is used by trade analysts to monitor the commercial ties between the U.S. mainland and its overseas territories.
Key Facts
- Massachusetts exported $1.2 million worth of goods to the British Indian Ocean Territory in 2021.
- Exports from Massachusetts to the territory have increased by 8% over the past 5 years.
- The top export categories are machinery, electronics, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monetary value of goods and services exported from the U.S. state of Massachusetts to the British Indian Ocean Territory.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between Massachusetts and this remote U.S. territory, which is useful for economists, trade analysts, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: This metric is used by trade analysts and policymakers to monitor the commercial ties between the U.S. mainland and its overseas territories.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-month lag, so the most recent figures may not reflect the current trade environment.
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Citation
U.S. Federal Reserve, Value of Exports to British Indian Ocean Territory from Massachusetts (MAIOTA052SCEN), retrieved from FRED.